199 S Jefferson Ave Loveland, CO 80537
This exceptional investment opportunity presents a fully occupied four-unit apartment building situated at 199 S Jefferson Ave in Loveland, Colorado. Offered at $1,100,000, this 4,000 square foot property, built in 2003, boasts four spacious two-bedroom, one-bathroom units, each exceeding 1,000 square feet. The property includes eight off-street parking spaces, a significant advantage in a desirable location. Its central location provides easy access to a variety of local amenities, including popular restaurants, retail establishments, and major employers, ensuring consistent rental demand. The individually metered units simplify utility billing and reduce operating expenses. The newer construction minimizes immediate maintenance needs and reflects updated building standards. Currently operating below market rents, this property offers a compelling opportunity for investors to increase profitability and maximize the asset's value. The 0.21-acre lot provides ample space for the building and parking. This is a stabilized asset in a high-demand area, presenting a strong return on investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.